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Finance Act, 2005 - Provisions relating to Banking Cash Transaction Tax

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Full Text of the Document

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....te of 0.1 per cent on the following transactions, (i) withdrawal of cash from an account (other than a saving account) maintained with a scheduled bank on any single day exceeding Rs. 25,000 by an individual or HUF and Rs. 1,00,000 by other persons; (ii) receipt of cash on encashment of term deposits with a scheduled bank on any single day exceeding Rs. 25,000 by an individual or HUF and Rs. 1,0....

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